OPERATORS · TEXAS · P-5 NUMBER 617353
Oaktree Oil Company
- P-5 status
- Active (A)
- P-5 last filed
- Mar 2, 2026
- Based in
- Albany, TX
- Most permits, 12 months
- Shackelford County
Oaktree Oil Company was issued 2 drilling permits in the past 12 months, versus 1 in the prior year, all in Shackelford County. 0% were horizontal.
None were issued in the past 90 days.
The RRC wellbore file lists 61 wells under its operatorship (35 producing, 3 shut in).
Lease reports credit it with 4.92K barrels of oil and 0 mcf of gas in the 12 months reported through April 2026, up 36% on the year before.
It holds 4 active disposal or injection permits, injecting 44.7K barrels in the 12 months reported through June 2025.
62 drilling permits have been issued to this operator number since 1981; its P-5 organization report was last filed March 2, 2026.
- 2
- permits, last 12 months
- +100%
- vs prior 12 months (1)
- 1
- counties, 12 months
- 35
- producing wells, of 66 of record
- 13
- leases it reports
- 0%
- horizontal, 12 months
WINDOWS ON THE RRC ISSUE DATE · COMPUTED NOV 9, 2026
From permit to spud
FROM THE DATES ON ITS W-1 PERMITS · ALL TIME
A permit is a plan, not a well. These figures count only permits old enough to have spudded, six months and more, and read the spud, cancel, and expiry dates the RRC records on each one.
- 52%
- spud rate · 32 of 62 mature permits
- 39
- median days permit to spud · middle half 13–108
- 0
- spuds, last 180 days -100%
- 0%
- canceled · 0 permits
- 30
- expired undrilled
- 1
- permits a year over 45 active years
Permits issued by month
LAST 60 MONTHS · BY ISSUE DATE
Last 12 months 1 · prior 12 2(-50%)
Counties
Counties by permits in the last 12 months, with all-time permits and current wells of record there.
| County | 12 mo | All time | Wells | Last |
|---|---|---|---|---|
| Shackelford county → | 2 | 62 | 61 | Feb 24, 2026 |
All 62 permits, searchable → · Leases it reported on → · On the map →
Formations in wells it permitted
Tops reported on completion filings for wells permitted under this operator number, including wells others run today. RRC wellbore file. About tops →
| Formation | Wells | Permitted last 3 yrs |
|---|---|---|
| Tannehill | 20 | 0 |
| Saddle Creek | 1 | 0 |
| Palo Pinto | 1 | 1 |
Production by month
PDQ LEASE REPORTS · REPORTED THROUGH APR 2026
Barrels on leases where this operator filed the production report. Lease-level by design; the latest months are revised upward as late reports arrive. How production is reported →
- 4.92K
- bbl oil, last 12 reported months
- +36%
- vs the 12 months before
- 0
- mcf gas incl. casinghead, last 12
- 95.1K
- bbl oil since reporting began
12 months through Apr 2026 4,917 · prior 12 3,620(+36%)
Oaktree Oil Company: Oil by month.
Beyond the permit record
RRC wellbore file
Wells of record
RRC UIC permits · H-10 reported volumes
Disposal and injection
- 890
- permitted bbl/day, active
- 44.7K
- bbl injected, last 12 reported months
- Jun 2025
- reported through
By county
| Shackelford | 4 active | 890 bbl/d |
All 9 permits, with volumes → · On the map →
Permitted volume is a ceiling, not throughput. How to read it →
Operator of record and permit operator
A well's operator of record is the RRC's, and its permit operator is the one on its latest drilling permit; neither fills in for the other. Its wellbores of record are counted as its wells, with its live permits; a well it permitted that another operator runs, or that the RRC lists with no operator at all, is not. Each count opens the wells it counts. Transfers and operator numbers →
Permit types
Last 12 months against the prior 12, and all time. A type opens the permit history filtered to it. What the types mean →
| Type | 12 mo | Prior 12 | All time |
|---|---|---|---|
| Drill | 2 | 1 | 57 |
| Other | 0 | 0 | 2 |
| Reenter | 0 | 0 | 2 |
| Recompletion | 0 | 0 | 1 |
Fields
RRC regulatory fields with the most wells of record under this operator. The field opens its page; the count opens this operator's wells in it.
| Field | Wells | Producing |
|---|---|---|
| Shackelford County Regular82522001 | 59 | 35 |
| Bill (Congl)8135500 | 1 | 0 |
| Pannell S. (Strawn)68961800 | 1 | 0 |
P-5 organization report
As registered with the RRC. About the P-5 →
- Registration
- Status Active (A)
- Last filed Mar 2, 2026
- Oil operator
- Address
- 1301 E Hwy 180
- Albany, TX 76430
- (325) 762-5386
- Officers and agents
- Petree, Gerald · Partner
- Petree, Ruby L. · Partner
- Petree, Bradley · Power of Attorney
Latest permits
NEWEST FIRST BY ISSUE DATE · FILED OR ON WELLS IT NOW OPERATES
About this data
Registration from the RRC P-5 organization report, refreshed weekly. Permits from the OGA049M master and daily daf420 files; wells of record from the EWA wellbore schedule; production from PDQ lease reports by the operator that filed them, through the statewide reported-through month; disposal from UIC permits and H-10 reports. Oil includes condensate from gas leases and gas includes casinghead gas from oil leases, as the RRC totals them. Summary figures are rebuilt nightly. Nothing is estimated.
Developers: this page as JSON is GET /v1/data/operators/tx/617353, documented in the API reference.